Yuchai Uses ASEAN Expo to Promote Foreign Trade Development
A few days after attending the China- ASEAN Expo , Guangxi Yuchai Machinery Group Co., Ltd. received extensive attention from merchants and mainstream media. On September 4, 2013, Wu Qiwei , general manager of Yuchai Corporation, represented Yuchai in an exclusive interview with the media, stating that the shareholder style of China-ASEAN Expo has promoted the development of Yuchai’s trade with ASEAN countries. Wu Qiwei said that after ten years of the Expo, the Expo has greatly promoted the understanding between the ASEAN countries, ASEAN traders and enterprises in Guangxi and China, and promoted the development of multi-party trade and economic cooperation. For more than a decade, Yuchai’s holdings in the ASEAN market have been steadily increasing, especially in Vietnam’s truck market, the bus markets in Ho Chi Minh City and Hanoi City, and the bus market in Malaysia, and the gas bus market in Thailand, in the Philippines. And Indonesia's marine generator market has achieved rapid development. Today, the ASEAN market has occupied 35% of Yuchai's overseas market. Wu Qiwei said that Yuchai has developed a series of products to meet the needs of the ASEAN market, both in terms of emission upgrades and power upgrades, including in the market. On the other hand, Yuchai has extended its traditional power from trucks and buses to marine power to meet the demand of ASEAN for Yuchai products. Wu Qiwei also stated that Yuchai has participated in the conference for 10 consecutive years since the expo was held. The Expo is getting better and better, not only the participation of local enterprises in Guangxi, many domestic companies also use the Expo to communicate with ASEAN merchants, through the exchange to better open up the ASEAN market, to the world. Wu Qiwei hopes that more Chinese companies will use the Expo to go to the ASEAN market and move toward the world. As an exhibitor of the Expo for many years, Yuchai actively promoted the economic and trade cooperation between China and ASEAN countries, and won the "Golden Summit for the 10th Anniversary of China ASEAN Expo".
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